Costing Senior Executive & Assistant Manager

Job Description

1. Costing: Heading the costing function for own and 3rd party units (CMU) Ensure period end closing with focus on timelines and accuracy. Overview Standard product costing, identify cost drivers and update standard cost parameters from time to time. Analyse Actual costing and variance reporting. Identify unfavourable variance and collaborate with ops team to mitigate them. Collaboration with R&D and marketing team to assess new product costing. Assess 3p costing from time to time and ensure cost reconciliations are done on time. Assess capex and investment projects on Roi, payback & IRR parameters. Assess make vs buy decisions. 2. Pricing: Pricing of new product from cost/margin standpoint, benchmarking with competitors margin and channel margins. Overview Pricing master maintenance in SAP. Drive Price revision activity keeping in view price elasticity, gross margins, sales volume and customer price benchmarking. 3. FP&A: Prepare long term strategic financial plan Drive AOP activity in conjunction with various departments to achieve the goal set for the organization. Provide insights through LE & BE to drive strategic decisions on cost lines and revenue. Ensure that company achieves AOP targets. Monthly/ Quarterly update the AOP plan based on the latest Estimates. 4. Cost Saving: Run cost saving program. Collaborate with CFTs (Cross Functional Teams) to identify cost saving areas. Track projects progress (MIS and monthly meetings) Validate cost saving and report. 5. Sales Marketing & SCM - Finance partner: Collaborate with Sales function to assess new accounts on profitability parameters. Assess trade and consumer schemes from gross margin standpoint and its effectiveness. Work with SCM team for various projects to optimise the network. ROI calculation business partners - CFA, distributor, SS etc 6. Master data: Overview Master data management - material and vendor master. 7. SAP: Drive SAP automation projects to boost efficiency in work. 8. Audit: Facilitate internal, statutory audit for costing, inventory valuation and pricing related matters. Ensure controls are in place with respect to Korean SOX compliance. Sound SAP knowledge of CO module. Expert in SAP costing cycles, actual costing & material ledger Good Knowledge of SAP FI, MM and SD module and integration between them Strong analytical, communication, interpersonal, team management and presentation skills. Expert in MS Excel and power point Strong business understanding combined with data analysis for driving data. + experience-based decisions High attention to detail and accuracy Ability to direct and supervise. Ability to work with and influence diverse stakeholder groups. Speed of execution and drive for results Costing, Icwa